GNENF (Ganfeng Lithium Group Co) ROC (Joel Greenblatt) %: 21.36% (As of Mar. 2026) — 19% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

GNENF Ganfeng Lithium Group Co Ltd GNENF
92 GF Score
Price $4.83
GF Value $4.96
Valuation Modestly Undervalued
! 10 Warning Signs
View Full Analysis

What is Ganfeng Lithium Group Co ROC (Joel Greenblatt) %?

Ganfeng Lithium Group Co GNENF 92 ROC (Joel Greenblatt) % is 21.36% as of Mar. 2026, which is 19% below its 10-year median of 26.37. GuruFocus rates GNENF with a GF Score™ of 92/100 and a GF Value™ of $4.96 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 1,605 Chemicals companies, Ganfeng Lithium Group Co ranks better than 57.07% on this metric.

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Ganfeng Lithium Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 21.36%.

The historical rank and industry rank for Ganfeng Lithium Group Co's ROC (Joel Greenblatt) % or its related term are showing as below:

GNENF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.38   Med: 26.37   Max: 102.64
Current: 11.7

During the past 13 years, Ganfeng Lithium Group Co's highest ROC (Joel Greenblatt) % was 102.64%. The lowest was -2.38%. And the median was 26.37%.

GNENF's ROC (Joel Greenblatt) % is ranked better than
57.07% of 1605 companies
in the Chemicals industry
Industry Median: 9.47 vs GNENF: 11.70

Ganfeng Lithium Group Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Ganfeng Lithium Group Co  (OTCPK:GNENF) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Ganfeng Lithium Group Co ROC (Joel Greenblatt) % Related Terms


Ganfeng Lithium Group Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Ganfeng Lithium Group Co's ROC (Joel Greenblatt) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ganfeng Lithium Group Co ROC (Joel Greenblatt) % Chart

Ganfeng Lithium Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.11 98.65 15.56 -2.36 4.80

Ganfeng Lithium Group Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.96 -0.08 6.87 16.82 21.36

GNENF vs DOW: ROC (Joel Greenblatt) % Comparison

For the Chemicals subindustry, Ganfeng Lithium Group Co's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ganfeng Lithium Group Co ROC (Joel Greenblatt) % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ganfeng Lithium Group Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Ganfeng Lithium Group Co's ROC (Joel Greenblatt) % falls into.


GNENF
92GF Score
Ganfeng Lithium Group Co Ltd GNENF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ganfeng Lithium Group Co ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(961.477 + 1845.999 + 472.214) - (2544.057 + 0 + 546.292)
=189.341

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(960.026 + 2108.756 + 667.659) - (2726.372 + 0 + 656.852)
=353.217

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Ganfeng Lithium Group Co for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1481.412/( ( (7933.031 + max(189.341, 0)) + (5398.169 + max(353.217, 0)) )/ 2 )
=1481.412/( ( 8122.372 + 5751.386 )/ 2 )
=1481.412/6936.879
=21.36 %

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a ROC (Joel Greenblatt) % of 21.36% mean?
Ganfeng Lithium Group Co (GNENF) has a ROC (Joel Greenblatt) % of 21.36% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Ganfeng Lithium Group Co and its competitors. This is 19% below median its historical median of 26.37. According to the industry distribution chart, Ganfeng Lithium Group Co ranks #689 out of 1605 companies in the Chemicals industry, placing it in the top 42.9%.
Is Ganfeng Lithium Group Co's ROC (Joel Greenblatt) % too high?
Ganfeng Lithium Group Co's current ROC (Joel Greenblatt) % of 21.36% is 19% below median its 10-year median of 26.37. The Chemicals industry median ROC (Joel Greenblatt) % is 9.47. Ganfeng Lithium Group Co's value of 21.36% is 125.6% above this industry median. Based on the distribution chart, Ganfeng Lithium Group Co ranks #689 out of 1605 companies in the Chemicals industry, which is above the industry midpoint. Overall, Ganfeng Lithium Group Co has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ganfeng Lithium Group Co's ROC (Joel Greenblatt) % compare to DOW?
According to the Chemicals industry distribution chart, Ganfeng Lithium Group Co ranks #689 out of 1605 companies for ROC (Joel Greenblatt) %. This puts Ganfeng Lithium Group Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 9.47. Ganfeng Lithium Group Co's value of 21.36% is 125.6% above this benchmark. While the company's 10-year median is 26.37 vs. the industry median of 9.47, Ganfeng Lithium Group Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 9.47, based on 1,605 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ganfeng Lithium Group Co's current ROC (Joel Greenblatt) % of 21.36% is 125.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Ganfeng Lithium Group Co and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ganfeng Lithium Group Co's current ROC (Joel Greenblatt) % is 21.36%, which is 19% below median its own 10-year median of 26.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ganfeng Lithium Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ganfeng Lithium Group Co (GNENF) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.96, compared to a current price of $4.83 — trading 2.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 21.36%, which is 19% below median its 10-year median of 26.37 and 125.6% above the Chemicals industry median of 9.47. Ganfeng Lithium Group Co's overall GF Score™ is 92/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Ganfeng Lithium Group Co (GNENF), the current ROC (Joel Greenblatt) % is 21.36% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ganfeng Lithium Group Co (GNENF) Overvalued in 2026?

Based on GuruFocus' analysis, Ganfeng Lithium Group Co stock appears to be undervalued. The current stock price of $4.83 is trading 2.6% below its estimated GF Value™ of $4.96. GuruFocus considers Ganfeng Lithium Group Co to be Modestly Undervalued.

Key valuation signals for GNENF:

  • ROC (Joel Greenblatt) %: 21.36% (19% below median its 10-year median of 26.37)
  • GF Value™: $4.96 vs. price of $4.83 (2.6% below fair value)
  • GF Score™: 92/100 with 10 warning signs
  • Industry Position: 125.6% above the Chemicals median (#689 of 1605)

No single metric tells the full story. See the GNENF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ganfeng Lithium Group Co Business Description

Address 248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG
Ganfeng is the world's third largest and China's largest lithium compounds producer and the world's largest lithium metals producer in terms of production capacity. The company offers five major categories of more than 40 lithium compounds and metals products, which is one of the most comprehensive product offerings among the suppliers globally. Starting as a midstream manufacturer of lithium compounds and lithium metals, the firm has successfully expanded into a vertically integrated business model with operations along the critical stages of the industry value chain, including upstream lithium extraction, midstream lithium compounds and metals processing, and downstream lithium battery production and recycling.
92GF Score

Get the complete analysis for GNENF

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.83
Price
$4.96
GF Value